NPK International Reports Q1 Revenue of $75.07M
Reports Q1 revenue $75.07M, consensus $73.08M. "We were very pleased with our strong first quarter 2026 results, further building on the sustained momentum we experienced during 2025," stated Matthew Lanigan, President and CEO of NPK International. "First quarter revenue increased 16% year-over-year, driven by another record quarter of rental and services revenues and strong product demand from utility customers. The environment for power transmission spending remains robust, as evident by our sustained strength in rental fleet utilization, improved pricing, and strong quoting activity.